Holcim : The American dream to better imitate CRH
>A spin-off with a view to creating more value - Much to everyone's surprise, Holcim has in its turn been seduced by the American dream and its more generous multiples. The project will take the form of the spinning-off of its North American activities with the group planning to communicate the final structure in H2 2024 (organisation of a CMD in quick succession in H2). The listing in the US should be finalised in H1 2025. This will be subject to approval from the gr...LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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